My Space 09 Revenues Will Be Down 15%, Estimates eMarketer

My Space
05.15.2009

From MarketingVox, MySpace to Drag SocNet Ad Spend Down 3%:

“MySpace’s ‘09 revenue was pegged at $630 million; now eMarketer believes it will only hit $495 million — a full 15% decline from 2008. A Home at the End of the World dvdrip

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“In contrast, Facebook ad revenue for the US alone should rise by 9.5%, to $230 million. And spending across other socnets will likely rise by 1.5% to $345 million — a small figure, given that advertising across social networking widgets demonstrated clear growth so far this year.”

2 Comments
  1. # MySpace Troubles Continue: Revenue and Pageviews Down said: May 19th, 2009 at 8:57 am

    [...] week the talk in social media circles was the forecast that MySpace 2009 revenues will be down 15%. Today it’s news that traffic growth has stalled: “In other words, the war is over. [...]

  2. # Meanwhile, Facebook 09 Revenues Will Be Up Significantly Over 08 said: May 19th, 2009 at 9:39 am

    [...] with the high-end numbers, it’s still looking to deliver 96% year-over-year growth. While MySpace revenues will be down 15%. Wow. That battle ended pretty quickly. Comment on post SHARETHIS.addEntry({ title: “Meanwhile, [...]

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